The Graceful Exit: Rationalizing the International Retail Footprint
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The Graceful Exit: Rationalizing the International Retail Footprint
By Frank Morton, CEO, International & Nick Taylor, Senior Managing Director, International Retail, Gordon Brothers
Leading retailers have long focused on internationalizing their businesses as a means of growth and diversification. In fact, two-thirds of the world’s foremost retailers have operations outside their home markets. However, broadening the geographic footprint and replicating success in multiple...
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Nick Taylor is a managing director, international retail, of Gordon Brothers. He is responsible for developing and delivering retail strategies that add economic and operational value—often guaranteed—to clients across the globe. He is a recognized expert in retail asset recovery with experience spanning 24 countries and involving more than $3.2 billion of inventory and more than 3,000 stores. Taylor has more than 25 years of senior front-end retail, operational, and marketing experience within the European Kingfisher Group.
Frank Morton is chief executive, international, of Gordon Brothers. He is responsible for overseeing all aspects of the international business across Europe, Asia, Australia, and South America. Morton has more than 25 years of experience in restructuring, disposition, finance, and lending within the retail and commercial and industrial sectors. He is a former retail merchant with specializations in apparel, fabrics, textiles, and retail management, and has served in various management capacities at major U.S. retailers throughout his career.
